Petrochemical Headlines
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U.S. Nuclear Operators Try to Save Plants with Carbon Emission Rule
(Friday, July 31, 2015) The U.S. nuclear industry makes a last-minute push to urge the Obama administration to protect the country's 100 nuclear units in its forthcoming carbon rule and prevent the early retirement of several plants.

In Hideaway for Brazil's Rich, a New Scandal Emerges
(Friday, July 31, 2015) Just south of Rio de Janeiro, along a strip of coastline known for its white-sand beaches and high-end resorts, Brazil's next big corruption scandal is starting to unfold.

S.Korea's Lotte Chemical to Expand its Malaysia Naphtha Cracking Centre
(Thursday, July 30, 2015) South Korea's Lotte Chemical Corp said on Thursday the petrochemical firm would expand its naphtha cracking centre in Malaysia at a cost of 300 billion Korean won ($257 million).

South Korea's Hu-Chems to Invest $1 Bln on Chemical Plant in Malaysia
(Wednesday, July 29, 2015) Hu-Chems Fine Chemical Corporation, a unit of South Korea's Taekwang Industrial Group, plans to invest $1 billion to build a plant to produce ammonia, nitric acid and ammonium nitrate in Malaysia, the company said in statement on Wednesday.

Saudi Arabia's Sabic Considering Shale Gas Investments in U.S.
(Monday, July 27, 2015) Sabic said in April it plans to expand in China and the U.S. because it's difficult for the company to grow in Saudi Arabia due to a shortage of gas.

BASF Plans to Rebuild Iran Business as Germany Rekindles Ties
(Friday, July 24, 2015) Iran has the second-biggest natural gas reserves, the fourth-biggest oil reserves, and a developing petrochemical industry, said BASF SE's Kurt Bock

Jiaxing to License Invista P8 Process Tech for PTA Line
(Friday, July 24, 2015) Jiaxing Petrochemical’s first PTA line, in operation since 2012, also utilizes INVISTA’s technology.

Azeri SOCAR Plans to Reduce Stake in Turkey's Petkim -News Agency
(Wednesday, July 22, 2015) Azeri state energy company SOCAR plans to sell part of its stake in Turkish petrochemicals company Petkim to cash in on a rise in its share price, SOCAR's president was quoted as saying by Azeri news agency APA-Economics on Wednesday.

Plant 'Milkers' Seek Molecules for Medicines and Make-up
(Wednesday, July 22, 2015) A quiet village in eastern France is home to an unusual greenhouse.

German Chemical Sector Ups Outlook on Strong Dollar
(Wednesday, July 22, 2015) German chemicals trade group VCI on Wednesday lifted its 2015 forecast for industry revenue growth to 0.5 percent, helped by a strong dollar boosting the value of overseas sales.

Brazil's Petrobras Confirms Irregularities in 2009 Braskem Deal
(Wednesday, July 22, 2015) Brazil's state-run oil firm Petrobras confirmed on Tuesday it had found irregularities in the approval of a 2009 contract to provide naphtha to petrochemical company Braskem SA and had reported the issue to public prosecutors.

Czech petrochem Group Unipetrol to Close Litvinov Ethylene Plant for 5 Days
(Friday, July 17, 2015) Czech petrochemical group Unipetrol will shut the ethylene unit at its Litvinov plant for five days starting Monday, July 20, the company said on Friday.

Japan's Mitsui to Restart Naphtha Cracker on Monday
(Friday, July 17, 2015) The cracker has been shut since June 20.

Asian Petchem Makers Earning Near Record Margins as Projects Delayed
(Thursday, July 16, 2015) Asian naphtha crackers - once considered uncompetitive against U.S. and Middle East rivals using natural gas - have seen their profits rise because of cheap oil.

Petrochemical Fires Near Marseille Were Deliberate-Govt
(Wednesday, July 15, 2015) Two fires at a petrochemical facility near Marseille airport on Tuesday were almost certainly started deliberately, French authorities said on Wednesday.

Saudi's SAFCO Says Starts Commercial Ops at Delayed Urea Plant
(Tuesday, July 14, 2015) Saudi Arabia Fertilizers Co (SAFCO) began commercial operations on Tuesday at its SAFCO 5 urea plant, the firm said in a bourse filing.

Criminal Intent Seen in Petrochemical Fire on French Bastille Day
(Tuesday, July 14, 2015) Criminal intent is suspected in two fires which broke out at a petrochemical facility near Marseilles airport on Tuesday as France celebrated its Bastille Day national holiday, a source close to the French government said.

'Mustering' Up Time Savings in an Emergency
(Monday, July 13, 2015) Louisiana-based company says its emergency assembly system shrinks mustering exercises from hours to minutes, saves money.

CB&I Wins Contract for Egypt Ethylbenzene/Styrene Plant
(Thursday, July 09, 2015) CB&I Thursday announced it has been awarded a contract by Carbon Holdings for the license and basic engineering design of an ethylbenzene/styrene plant to be built in Ain Sokhna, Egypt.

Amec Foster Wheeler Says to Study Malaysia Refinery-Petchem Project
(Wednesday, July 08, 2015) Amec Foster Wheeler said on Wednesday it has won a contract to conduct a feasibility study on a refinery-petrochemical project in Malaysia.




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